Cross-Harbour (Holdings)（CRHH.F）株式概要投資持株会社であるクロスハーバー・ホールディングス・リミテッドは、香港で自動車学校の運営、財務管理、証券投資、電子料金ビジネスを行っている。 詳細CRHH.F ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績5/6財務の健全性6/6配当金5/6報酬株価収益率（ 4.3 x） US市場（ 18.6 x）を下回っています。過去1年間で収益は63.5%増加しました リスク分析株式の流動性は非常に低い 5.19%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るCRHH.F Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$1.0261.1% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-791m5b2016201920222025202620282031Revenue HK$5.1bEarnings HK$2.6bAdvancedSet Fair ValueView all narrativesThe Cross-Harbour (Holdings) Limited 競合他社Legacy EducationSymbol: NYSEAM:LGCYMarket cap: US$148.3mAfyaSymbol: NasdaqGS:AFYAMarket cap: US$1.3bAmerican Public EducationSymbol: NasdaqGS:APEIMarket cap: US$971.5mRise Smart Group HoldingsSymbol: NasdaqCM:RSHLMarket cap: US$64.7m価格と性能株価の高値、安値、推移の概要Cross-Harbour (Holdings)過去の株価現在の株価HK$1.0252週高値HK$1.0752週安値HK$1.00ベータ-0.0351ヶ月の変化0%3ヶ月変化n/a1年変化n/a3年間の変化n/a5年間の変化n/aIPOからの変化18.60%最新ニュースお知らせ • Mar 20The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026.お知らせ • Mar 10The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2025 Results on Mar 20, 2026The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2025 results on Mar 20, 2026お知らせ • Aug 09The Cross-Harbour (Holdings) Limited to Report First Half, 2025 Results on Aug 21, 2025The Cross-Harbour (Holdings) Limited announced that they will report first half, 2025 results on Aug 21, 2025お知らせ • Jun 13the Cross-Harbour (Holdings) Limited Proposes First Quarterly Interim Dividend for the Financial Year End 31 December 2025, Payable on 11 July 2025The board of directors of The Cross-Harbour (Holdings) Limited proposed a first quarterly interim dividend of HKD 0.06 per share for the financial year end 31 December 2025. Record date is 03 July 2025, Payment date is 11 July 2025 and Ex-dividend date is 26 June 2025.お知らせ • May 20The Cross-Harbour (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2024The Cross-Harbour (Holdings) Limited in its Annual General Meeting Held on 19 May 2025 approved to declare a final dividend of HKD 0.24 per share for the year ended 31 December 2024.お知らせ • Mar 25The Cross-Harbour (Holdings) Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 02 June 2025The Cross-Harbour (Holdings) Limited proposed Final Ordinary dividend of HKD 0.24 per share for the financial year end 31 December 2024. Record date 27 May 2025; Payment date 02 June 2025. Date of shareholders' approval 19 May 2025.最新情報をもっと見るRecent updatesお知らせ • Mar 20The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026.お知らせ • Mar 10The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2025 Results on Mar 20, 2026The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2025 results on Mar 20, 2026お知らせ • Aug 09The Cross-Harbour (Holdings) Limited to Report First Half, 2025 Results on Aug 21, 2025The Cross-Harbour (Holdings) Limited announced that they will report first half, 2025 results on Aug 21, 2025お知らせ • Jun 13the Cross-Harbour (Holdings) Limited Proposes First Quarterly Interim Dividend for the Financial Year End 31 December 2025, Payable on 11 July 2025The board of directors of The Cross-Harbour (Holdings) Limited proposed a first quarterly interim dividend of HKD 0.06 per share for the financial year end 31 December 2025. Record date is 03 July 2025, Payment date is 11 July 2025 and Ex-dividend date is 26 June 2025.お知らせ • May 20The Cross-Harbour (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2024The Cross-Harbour (Holdings) Limited in its Annual General Meeting Held on 19 May 2025 approved to declare a final dividend of HKD 0.24 per share for the year ended 31 December 2024.お知らせ • Mar 25The Cross-Harbour (Holdings) Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 02 June 2025The Cross-Harbour (Holdings) Limited proposed Final Ordinary dividend of HKD 0.24 per share for the financial year end 31 December 2024. Record date 27 May 2025; Payment date 02 June 2025. Date of shareholders' approval 19 May 2025.お知らせ • Mar 24The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 19, 2025The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 19, 2025.お知らせ • Mar 12The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2024 Results on Mar 24, 2025The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2024 results on Mar 24, 2025お知らせ • Dec 03The Cross-Harbour (Holdings) Limited Announces Cash Dividend for the Third Quarter of the Financial Year Ending 31 December 2024, Payable on 30 December 2024The Cross-Harbour (Holdings) Limited announced cash dividend of HKD 0.06 per share for the third quarter of the financial year ending 31 December 2024, payable on 30 December 2024. Record date is 20 December 2024. Ex-dividend date is 16 December 2024.お知らせ • Aug 22the Cross-Harbour (Holdings) Limited Announces Interim Dividend for the Second Quarter of Year Ending December 31, 2024, Payable on 16 September 2024The Cross-Harbour (Holdings) Limited announced interim dividend of HKD 0.06 per share for the second quarter of year ending December 31, 2024. Ex-dividend date is 04 September 2024, Record date is 10 September 2024 and Payment date is 16 September 2024.お知らせ • Aug 12The Cross-Harbour (Holdings) Limited to Report First Half, 2024 Results on Aug 22, 2024The Cross-Harbour (Holdings) Limited announced that they will report first half, 2024 results on Aug 22, 2024お知らせ • Mar 26The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 20, 2024The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 20, 2024. Agenda: To consider and approve the final dividend.お知らせ • Mar 14The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 25, 2024The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2023 results on Mar 25, 2024お知らせ • Dec 06The Cross-Harbour (Holdings) Limited Declares Third Quarterly Interim Dividend for the Year Ending 31 December 2023, Payable on 3 January 2024The board of directors of The Cross-Harbour (Holdings) Limited declared a third quarterly interim dividend of HKD 0.06 (2022: HKD 0.06) per share absorbing an amount of approximately HKD 22,361,000 for the year ending 31 December 2023 (2022: HKD 22,361,000), payable on 3 January 2024 to shareholders registered at the close of business on 27 December 2023. The register of members and transfer books of the Company will be closed from 21 December 2023 to 27 December 2023, both days inclusive, during which period no transfer of shares in the Company will be registered. In order to qualify for the third quarterly interim dividend, all transfer documents and accompanying share certificates must be lodged for registration with Tricor Tengis Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong 20 December 2023.お知らせ • Aug 23The Cross-Harbour (Holdings) Limited Declares Interim Dividend for the Second Quarter Ended 30 June 2023, Payable on 15 September 2023The Cross-Harbour (Holdings) Limited declared interim dividend of HKD 0.06 per share for the second quarter ended 30 June 2023. Ex-dividend date is 04 September 2023, Record date is 08 September 2023 and Payment date is 15 September 2023.お知らせ • Aug 11The Cross-Harbour (Holdings) Limited to Report First Half, 2023 Results on Aug 22, 2023The Cross-Harbour (Holdings) Limited announced that they will report first half, 2023 results on Aug 22, 2023お知らせ • Jun 10The Cross-Harbour (Holdings) Limited Declares 2023 First Quarterly Interim Dividend for the Financial Year End 31 December 2023, Payable on 07 July 2023The Cross-Harbour (Holdings) Limited declares HKD 0.06 per share for the first quarterly interim dividend, payable on 07 July 2023. Ex-dividend date 21 June 2023 and Record date 28 June 2023.お知らせ • May 23+ 1 more updateThe Cross-Harbour (Holdings) Limited Announces Management ChangesThe Cross-Harbour (Holdings) Limited at its annual general meeting held on May 22, 2023, announced Mr. Luk Yu King, James, not having offered himself for re-election, has retired from the Board as an Independent Non-executive Director from the conclusion of the AGM. Upon his retirement, Mr. Luk has also ceased to be the chairman and a member of the audit committee of the Company. Mr. Luk has confirmed that he has no disagreement with the Board, and that there are no matters that need to be brought to the attention of the shareholders of the Company in relation to his retirement. Mr. Wong Lung Tak, Patrick has been appointed as a new Independent Non- executive Director of the Board and a member of the Audit Committee effective from the conclusion of the AGM. Mr. Leung Yu Ming, Steven has been appointed as the chairman of the Audit Committee effective from the conclusion of the AGM.お知らせ • Feb 18The Cross-Harbour (Holdings) Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022The Cross-Harbour (Holdings) Limited provided group earnings guidance for the year ended 31 December 2022. For the period, the Group may record an expected loss attributable to the equity holders of the Company in the region of HKD 270.0 million as compared to a loss of HKD 49.2 million recorded in the year 2021. The expected loss is primarily attributable to the currently estimated net fair value loss of financial assets measured at fair value through profit and loss of approximately HKD 590.0 million (2021: HKD 532.6 million), mainly resulting from the revaluation of the Group's unlisted investment funds and listed equity securities; and a share of losses of an associate of approximately HKD 120.0 million (2021: share of profits of an associate HKD 62.6 million). The expected loss is also attributable to a decrease in profit contribution from the Group's tunnel operation of approximately HKD 120.0 million mainly because of a drop in toll revenue caused by the outbreak of COVID-19.株主還元CRHH.FUS Consumer ServicesUS 市場7D0%-2.4%-0.8%1Yn/a-25.4%27.1%株主還元を見る業界別リターン: CRHH.FがUS Consumer Services業界に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。リターン対市場: CRHH.F US市場に対してどのようなパフォーマンスを示したかを判断するにはデータが不十分です。価格変動Is CRHH.F's price volatile compared to industry and market?CRHH.F volatilityCRHH.F Average Weekly Movementn/aConsumer Services Industry Average Movement7.7%Market Average Movement7.2%10% most volatile stocks in US Market16.3%10% least volatile stocks in US Market3.2%安定した株価: CRHH.Fの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間のCRHH.Fのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO（最高経営責任者ウェブサイト1965614John Yeungwww.crossharbour.com.hk投資持株会社であるクロスハーバー・ホールディングス・リミテッドは、香港で自動車教習所運営、財務管理、証券投資、電子料金事業を行う。自動車学校事業、電子料金事業、財務管理事業を通じて事業を展開している。自動車学校事業では指定自動車教習所を運営している。電子料金事業部門はHKeTollの料金徴収サービス、テレマティクスサービス、インテリジェント交通・監視システムソリューション、スマートシティサービスソリューションを提供し、電子料金徴収システムを運営している。財務管理部門は、非上場ファンド、株式、債券、現金・銀行預金などの投資ポートフォリオを管理している。また、コンサルタント業務や貸金業務も行っている。さらに、不動産も保有している。同社は1965年に設立され、香港の湾仔に本拠を置く。もっと見るThe Cross-Harbour (Holdings) Limited 基礎のまとめCross-Harbour (Holdings) の収益と売上を時価総額と比較するとどうか。CRHH.F 基礎統計学時価総額US$385.25m収益（TTM）US$89.95m売上高(TTM)US$178.26m4.3xPER（株価収益率2.2xP/SレシオCRHH.F は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計CRHH.F 損益計算書（TTM）収益HK$1.40b売上原価HK$328.02m売上総利益HK$1.07bその他の費用HK$363.95m収益HK$704.84m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）1.89グロス・マージン76.52%純利益率50.46%有利子負債／自己資本比率0%CRHH.F の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.2%現在の配当利回り22%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 21:17終値2026/04/20 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋The Cross-Harbour (Holdings) Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Mar 20The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026.
お知らせ • Mar 10The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2025 Results on Mar 20, 2026The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
お知らせ • Aug 09The Cross-Harbour (Holdings) Limited to Report First Half, 2025 Results on Aug 21, 2025The Cross-Harbour (Holdings) Limited announced that they will report first half, 2025 results on Aug 21, 2025
お知らせ • Jun 13the Cross-Harbour (Holdings) Limited Proposes First Quarterly Interim Dividend for the Financial Year End 31 December 2025, Payable on 11 July 2025The board of directors of The Cross-Harbour (Holdings) Limited proposed a first quarterly interim dividend of HKD 0.06 per share for the financial year end 31 December 2025. Record date is 03 July 2025, Payment date is 11 July 2025 and Ex-dividend date is 26 June 2025.
お知らせ • May 20The Cross-Harbour (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2024The Cross-Harbour (Holdings) Limited in its Annual General Meeting Held on 19 May 2025 approved to declare a final dividend of HKD 0.24 per share for the year ended 31 December 2024.
お知らせ • Mar 25The Cross-Harbour (Holdings) Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 02 June 2025The Cross-Harbour (Holdings) Limited proposed Final Ordinary dividend of HKD 0.24 per share for the financial year end 31 December 2024. Record date 27 May 2025; Payment date 02 June 2025. Date of shareholders' approval 19 May 2025.
お知らせ • Mar 20The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 07, 2026.
お知らせ • Mar 10The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2025 Results on Mar 20, 2026The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2025 results on Mar 20, 2026
お知らせ • Aug 09The Cross-Harbour (Holdings) Limited to Report First Half, 2025 Results on Aug 21, 2025The Cross-Harbour (Holdings) Limited announced that they will report first half, 2025 results on Aug 21, 2025
お知らせ • Jun 13the Cross-Harbour (Holdings) Limited Proposes First Quarterly Interim Dividend for the Financial Year End 31 December 2025, Payable on 11 July 2025The board of directors of The Cross-Harbour (Holdings) Limited proposed a first quarterly interim dividend of HKD 0.06 per share for the financial year end 31 December 2025. Record date is 03 July 2025, Payment date is 11 July 2025 and Ex-dividend date is 26 June 2025.
お知らせ • May 20The Cross-Harbour (Holdings) Limited Approves Final Dividend for the Year Ended 31 December 2024The Cross-Harbour (Holdings) Limited in its Annual General Meeting Held on 19 May 2025 approved to declare a final dividend of HKD 0.24 per share for the year ended 31 December 2024.
お知らせ • Mar 25The Cross-Harbour (Holdings) Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on 02 June 2025The Cross-Harbour (Holdings) Limited proposed Final Ordinary dividend of HKD 0.24 per share for the financial year end 31 December 2024. Record date 27 May 2025; Payment date 02 June 2025. Date of shareholders' approval 19 May 2025.
お知らせ • Mar 24The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 19, 2025The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 19, 2025.
お知らせ • Mar 12The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2024 Results on Mar 24, 2025The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2024 results on Mar 24, 2025
お知らせ • Dec 03The Cross-Harbour (Holdings) Limited Announces Cash Dividend for the Third Quarter of the Financial Year Ending 31 December 2024, Payable on 30 December 2024The Cross-Harbour (Holdings) Limited announced cash dividend of HKD 0.06 per share for the third quarter of the financial year ending 31 December 2024, payable on 30 December 2024. Record date is 20 December 2024. Ex-dividend date is 16 December 2024.
お知らせ • Aug 22the Cross-Harbour (Holdings) Limited Announces Interim Dividend for the Second Quarter of Year Ending December 31, 2024, Payable on 16 September 2024The Cross-Harbour (Holdings) Limited announced interim dividend of HKD 0.06 per share for the second quarter of year ending December 31, 2024. Ex-dividend date is 04 September 2024, Record date is 10 September 2024 and Payment date is 16 September 2024.
お知らせ • Aug 12The Cross-Harbour (Holdings) Limited to Report First Half, 2024 Results on Aug 22, 2024The Cross-Harbour (Holdings) Limited announced that they will report first half, 2024 results on Aug 22, 2024
お知らせ • Mar 26The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 20, 2024The Cross-Harbour (Holdings) Limited, Annual General Meeting, May 20, 2024. Agenda: To consider and approve the final dividend.
お知らせ • Mar 14The Cross-Harbour (Holdings) Limited to Report Fiscal Year 2023 Results on Mar 25, 2024The Cross-Harbour (Holdings) Limited announced that they will report fiscal year 2023 results on Mar 25, 2024
お知らせ • Dec 06The Cross-Harbour (Holdings) Limited Declares Third Quarterly Interim Dividend for the Year Ending 31 December 2023, Payable on 3 January 2024The board of directors of The Cross-Harbour (Holdings) Limited declared a third quarterly interim dividend of HKD 0.06 (2022: HKD 0.06) per share absorbing an amount of approximately HKD 22,361,000 for the year ending 31 December 2023 (2022: HKD 22,361,000), payable on 3 January 2024 to shareholders registered at the close of business on 27 December 2023. The register of members and transfer books of the Company will be closed from 21 December 2023 to 27 December 2023, both days inclusive, during which period no transfer of shares in the Company will be registered. In order to qualify for the third quarterly interim dividend, all transfer documents and accompanying share certificates must be lodged for registration with Tricor Tengis Limited at 17/F, Far East Finance Centre, 16 Harcourt Road, Hong Kong 20 December 2023.
お知らせ • Aug 23The Cross-Harbour (Holdings) Limited Declares Interim Dividend for the Second Quarter Ended 30 June 2023, Payable on 15 September 2023The Cross-Harbour (Holdings) Limited declared interim dividend of HKD 0.06 per share for the second quarter ended 30 June 2023. Ex-dividend date is 04 September 2023, Record date is 08 September 2023 and Payment date is 15 September 2023.
お知らせ • Aug 11The Cross-Harbour (Holdings) Limited to Report First Half, 2023 Results on Aug 22, 2023The Cross-Harbour (Holdings) Limited announced that they will report first half, 2023 results on Aug 22, 2023
お知らせ • Jun 10The Cross-Harbour (Holdings) Limited Declares 2023 First Quarterly Interim Dividend for the Financial Year End 31 December 2023, Payable on 07 July 2023The Cross-Harbour (Holdings) Limited declares HKD 0.06 per share for the first quarterly interim dividend, payable on 07 July 2023. Ex-dividend date 21 June 2023 and Record date 28 June 2023.
お知らせ • May 23+ 1 more updateThe Cross-Harbour (Holdings) Limited Announces Management ChangesThe Cross-Harbour (Holdings) Limited at its annual general meeting held on May 22, 2023, announced Mr. Luk Yu King, James, not having offered himself for re-election, has retired from the Board as an Independent Non-executive Director from the conclusion of the AGM. Upon his retirement, Mr. Luk has also ceased to be the chairman and a member of the audit committee of the Company. Mr. Luk has confirmed that he has no disagreement with the Board, and that there are no matters that need to be brought to the attention of the shareholders of the Company in relation to his retirement. Mr. Wong Lung Tak, Patrick has been appointed as a new Independent Non- executive Director of the Board and a member of the Audit Committee effective from the conclusion of the AGM. Mr. Leung Yu Ming, Steven has been appointed as the chairman of the Audit Committee effective from the conclusion of the AGM.
お知らせ • Feb 18The Cross-Harbour (Holdings) Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022The Cross-Harbour (Holdings) Limited provided group earnings guidance for the year ended 31 December 2022. For the period, the Group may record an expected loss attributable to the equity holders of the Company in the region of HKD 270.0 million as compared to a loss of HKD 49.2 million recorded in the year 2021. The expected loss is primarily attributable to the currently estimated net fair value loss of financial assets measured at fair value through profit and loss of approximately HKD 590.0 million (2021: HKD 532.6 million), mainly resulting from the revaluation of the Group's unlisted investment funds and listed equity securities; and a share of losses of an associate of approximately HKD 120.0 million (2021: share of profits of an associate HKD 62.6 million). The expected loss is also attributable to a decrease in profit contribution from the Group's tunnel operation of approximately HKD 120.0 million mainly because of a drop in toll revenue caused by the outbreak of COVID-19.
